Western Wealth Management LLC Has $16.53 Million Position in First Trust Enhanced Short Maturity ETF $FTSM

Western Wealth Management LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 13.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 275,841 shares of the company’s stock after acquiring an additional 32,904 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for 0.8% of Western Wealth Management LLC’s holdings, making the stock its 24th biggest position. Western Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $16,531,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of FTSM. Newbridge Financial Services Group Inc. grew its stake in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after buying an additional 423 shares during the period. CX Institutional acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $35,000. Blue Trust Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $46,000. SouthState Bank Corp acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $48,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $55,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM opened at $59.86 on Thursday. The stock has a 50-day moving average of $59.88 and a 200-day moving average of $59.96. First Trust Enhanced Short Maturity ETF has a one year low of $59.74 and a one year high of $60.14.

First Trust Enhanced Short Maturity ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, May 4th. Shareholders of record on Thursday, April 30th were paid a dividend of $0.201 per share. The ex-dividend date was Thursday, April 30th.

First Trust Enhanced Short Maturity ETF Profile

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.